SMPC boosts coal operations with record Php6.9B CAPEX

Semirara Mining and Power Corporation (SMPC) has announced a Php 6.9 billion capital expenditure (CAPEX) for 2025 to enhance its coal fleet and power generation operations.

Philippine Star reported that the 2025 budget surpassed SMPC’s earlier forecast of Php 6.6 billion for 2024. Of the total allocation, Php 5.8 billion is dedicated to the coal segment for refleeting initiatives and acquiring additional mining and support equipment.

Meanwhile, the remaining Php 1.1 billion will fund maintenance activities and upgrades for its subsidiaries, Sem-Calaca Power Corporation (SCPC) and Southwest Luzon Power Generation Corporation (SLPGC). SCPC has been allotted Php 700 million, while Php 400 million is earmarked for SLPGC to improve their fuel and feed systems.

SMPC president, Chief Operating Officer, and Chief Sustainability Officer Maria Cristina Gotianun said 

SMPC operates four power plant units through SCPC and SLPGC, with a combined installed capacity of 900 megawatts (MW) in Calaca, Batangas.

The company achieved record-breaking coal sales of 16.5 million metric tons (MT) in 2024, surpassing the 15.8 million MT sold in 2023, driven by strong demand from China and the domestic market. Coal production also hit 16 million MT for the third consecutive year, reaching the maximum limit under its environmental compliance certificate.

SMPC president, chief operating officer, and chief sustainability officer Maria Cristina Gotianun said that although the company anticipated a normalization of market prices in 2025, it continues to prioritize expanding its customer base and optimizing operational processes for greater efficiency.

Gotianun also reiterated SMPC’s commitment to addressing the rising energy demand locally and globally. SMPC supplies coal to power plants, cement factories, and industrial facilities across the Philippines and exports to China, South Korea, Brunei, and other regional markets.

As the Philippines’ leading coal producer, SMPC plays a vital role in fueling industries and supporting the nation’s energy security.

Learn how SMPC’s investments in energy infrastructure impact the country’s economy and energy supply by joining energy conversations at Power Philippines.